Question: please do not round up the answer. Homework: Lab A... Question 7, Review Exer... HW Score: 87.5%. 7 of 8 points Points: 0 of 1

please do not round up the answer.
please do not round up the answer. Homework: Lab A... Question 7,

Homework: Lab A... Question 7, Review Exer... HW Score: 87.5%. 7 of 8 points Points: 0 of 1 Save Harleen has deposited $125 at the end of each month for 13 years at 4.68% compounded monthly. After her last deposit she converted the balance into an ordinary annuity paying $890 every three months for nine years. What is the nominal annual rate of interest, compounded quarterly, paid by the annuity? The nominal rate is % compounded quarterly (Round the final answer to six decimal places as needed. Round all intermediate values to six decimal places as needed.)

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